Deciding two connected writ petitions arising from a common Industrial Tribunal Award, the Delhi High Court set aside the Tribunal's direction granting hotel workmen a further…
Labour Laws
06/09/20264 min read
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Zomato’s Q2 Profit Declines 30% QoQ To INR 176 Cr
Financial ManagementStock Market
Zomato's Q2 profit dropped by 30% to INR 176 crore compared to the previous quarter. Despite this, the company's revenue saw a rise, driven by increased food delivery orders and growth in its other business verticals. However, higher expenses, including marketing and delivery costs, led to the decline in net profit. Zomato remains optimistic about its future performance, focusing on cost management and growth strategies.
